Net trade in goods and services in Norway
Norway: Net trade in goods and services was 61.59 billion BoP, current US$ in 2025. ◆ Volatile
Net trade in goods and services in Norway, 1975–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2025, net trade in goods and services in Norway stood at 61.59 billion BoP, current US$.
Compared with earlier readings it is down 6.7% on the previous year and up 181.7% over ten years.
Over the whole period, net trade in goods and services in Norway peaked at 167.96 billion BoP, current US$ in 2022 and was at its lowest, -3.86 billion BoP, current US$, in 1977.
Norway ranks 10th of 199 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -1.60 billion BoP, current US$ | -3.86 billion BoP, current US$ | 1.22 billion BoP, current US$ | 5 |
| 1980s | 2.40 billion BoP, current US$ | -2.55 billion BoP, current US$ | 5.00 billion BoP, current US$ | 10 |
| 1990s | 9.26 billion BoP, current US$ | 2.78 billion BoP, current US$ | 14.36 billion BoP, current US$ | 10 |
| 2000s | 43.63 billion BoP, current US$ | 25.81 billion BoP, current US$ | 79.77 billion BoP, current US$ | 10 |
| 2010s | 35.68 billion BoP, current US$ | 6.04 billion BoP, current US$ | 66.95 billion BoP, current US$ | 10 |
| 2020s | 73.98 billion BoP, current US$ | -3.35 billion BoP, current US$ | 167.96 billion BoP, current US$ | 6 |
Countries ranked near Norway
More economy & growth data for Norway
- Exports of goods and services 2.50 trillion current LCU (2025)
- Industry (including construction), value added 34.5% (2025)
- Gross national expenditure 468.69 billion current US$ (2025)
- Gross national expenditure 4.87 trillion current LCU (2025)
- Gross national expenditure 437.36 billion constant 2015 US$ (2025)
- Industry (including construction), value added 980.36 billion constant LCU (2025)
- Gross national expenditure 88.3% (2025)
- Exports of goods and services 240.82 billion current US$ (2025)
- Gross fixed capital formation 1.29 trillion current LCU (2025)
- Gross fixed capital formation 124.08 billion current US$ (2025)
Frequently asked questions
- What is net trade in goods and services in Norway?
- Net trade in goods and services in Norway was 61.59 billion BoP, current US$ in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net trade in goods and services recorded in Norway?
- The highest recorded value was 167.96 billion BoP, current US$ in 2022.
- What is the lowest net trade in goods and services recorded in Norway?
- The lowest recorded value was -3.86 billion BoP, current US$ in 1977.
- How does Norway rank for net trade in goods and services?
- Norway ranks 10th out of 199 countries with data for 2025.
- Is net trade in goods and services rising or falling in Norway?
- Over the last ten years it is up 181.7%. The long-run trend across the full record is volatile.
- Where does this Norway data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net trade in goods and services (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
The balance of international trade in goods and services is the difference between the exports and imports of goods and services. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.